B of A Securities Maintains Buy on Marvell Tech, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on Marvell Tech and raises the price target from $85 to $90.

August 30, 2024 | 5:01 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Marvell Tech and increased the price target from $85 to $90, indicating a positive outlook.
The reaffirmation of a Buy rating and an increased price target by a reputable analyst can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100